/ 

Sep 28

TECHNICAL ANALYSIS BY NSFX 28.09.2014

By:

High:  Low: 

Using the weekly chart is possible to see key prices on a longer time frame. The rate is trading on the lower band of the channel that was generated on summer 2013.  Below area 1.60 the pair can have another bearish wave and might test 1.5440 and then 1.4802. Above 1.6530 the rate can test 1.6780. The final target of an intermediate bullish scenario would be the 2014 top at 1.72 area.

R3
R2
R1
S1
S2
S3